Amex Blue Cash Everyday cardholders become eligible for a credit line increase 60 days after opening an account, but it’s best to wait to request an increase until there are at least 6 months of consecutive on-time payments on the account.
Here’s how to get an Amex Blue Cash Everyday credit limit increase online:
Type in your requested credit limit and annual income.
Submit your request.
Requesting an Amex Blue Cash Everyday credit limit increase by phone requires the same information. Either way you make the request, Amex will typically use a soft pull of your credit, so it will not impact your credit score.
If your limit increase request is accepted, you will need to wait 6 months to request another one, according to representatives. You’ll need to wait 90 days after a denial before making a new request. It’s also possible Amex could automatically increase your Amex Blue Cash Everyday credit limit without you asking. But that’s not guaranteed, so if you want an increase, it’s probably better to ask.
You can get an American Express credit limit increase by requesting one online or by calling either the number on the back of your card or (800) 528-4800. To request a credit limit increase online, follow these steps:
Log into your Amex account using your credentials.
For phone requests, you’ll be dealing with an automated system at first. But entering your account number and answering the prompts with “Increase credit limit” will get you transferred to a customer service representative who can walk you through the process.
Those are the basics, but there are a few more things you should know before asking for a higher limit.
Here’s how American Express credit limit increases work:
American Express decides your limit based on your credit reports and scores, your total debt and your payment history with Amex. Your income and the amount of credit you use also play a role.
You have a stronger chance of being approved for an increase if you’ve made at least your last five consecutive payments on time. Falling behind on your payments or going over your credit limit will most likely get you a denial.
It is not certain whether Amex will do a hard inquiry or not for credit line increase requests. That means asking for one might cause a temporary dip in your credit score.
There are anecdotal reports of applicants being denied because they asked Amex for a credit limit increase within 60 days of opening their account. That’s not surprising. Credit card companies generally won’t even consider you for a higher limit unless your account has been open for at least six months. Some people also report that the biggest increase you can get is three times your current limit. But that too is unsubstantiated.
There’s no guarantee you’ll get an American Express credit limit increase, but it doesn’t hurt to ask. So long as you don’t use a higher limit to overspend, asking for one can be an easy way to improve your credit score. After all, spending the same amount of money with a higher limit means a lower credit utilization ratio.
The Amex Blue Cash Everyday credit limit is based on American Express’s assessment of each application, so the card’s credit limit will be different for each applicant.
For the most part, Amex Blue Cash Everyday credit limits depend on each applicant’s overall creditworthiness. Those with the highest income and best credit scores will generally be offered the highest starting credit limits.… read full answer
That said, the Amex Blue Cash Everyday credit limit that you start with isn’t necessarily your credit line forever. You can ask to get a credit limit increase by calling the American Express customer service number on the back of your card, but it’s best not to do that more than once a year. American Express will also evaluate your account periodically to determine whether you are eligible for a credit limit increase. Paying on time and keeping your credit utilization low are key for getting unsolicited credit line increases with American Express
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